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Quote by Milton Friedman
Inflation is the one form of taxation that can be imposed without

Inflation is the one form of taxation that can be imposed without legislation. – Milton Friedman

Other quotes by Milton Friedman

The Great Depression, like most other periods of severe unemployment, was produced by government mismanagement rather than by any inherent instability of the private economy. – Milton Friedman

Category:
Government
Author
Milton Friedman
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Other Quotes from
Inflation
category

Imagine believing in the control of inflation by curbing the money supply! That is like deciding to stop your dog fouling the sidewalk by plugging up its rear end. It is highly unlikely to succeed, but if it does it kills the hound. – Michael D. Stephens

Category:
Inflation

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink. – Ludwig von Mises

Category:
Inflation

The first panacea for a misguided nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists. – Ernest Hemingway

Category:
Inflation

Having a little inflation is like being a little pregnant. – Leon Henderson

Category:
Inflation

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Computers have virtually replaced tape recorders. – Tony Visconti

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